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Retail giant Target names Iowan as next CEO

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August 21st, 2025 by Ric Hanson

(Radio Iowa) – An Iowa native is being named as the next head of one of America’s largest retail chains, as Radio Iowa’s Matt Kelley reports:

The retailer is seeing some financial struggles, as Wednesday’s release of second quarter earnings showed net sales were down about one-percent from last year, while the report showed operating income was down almost 20-percent from a year ago.

Fiddelke grew up on a northeast Iowa farm near Manchester and is a University of Iowa graduate. Target has nearly 2,000 stores nationwide, including 21 in Iowa.